Taiwan pension funds have been regularly outsourcing investment mandates for years with the size of over billions of US Dollars. The offshore fund managers from worldwide participating in the public bidding process for manager selection are requested to appoint a local service agent to handle all the tender matters.
In addition to the retail registered funds market, the high demand for the offshore unregistered funds via Private Placement platform is quite prevailing in Taiwan. In order to comply with the local regulations, an on-site private placement agent is required to conduct regulatory filing, reporting and communication with the regulators when the institutions or individual professional investors subscribing the unregistered funds.
As you know, there are 38 local asset management companies (SITEs; Securities Investment Trust Enterprises) in Taiwan. We will help the offshore asset managers to identify the SITEs that tend to appoint investment advisors for their new funds IPO to enhance the SITE’s overseas investment capabilities or execute the trades efficiently. By leveraging the well-understanding of the strengths of our partners and being aware of the trends in the asset management industry, we definitely can support our partners to seize advisory business opportunities.